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In the morning, both bulls and bears were weak, resulting in a sideways correction. Until now, there has been a slight rebound in the comparison. The real market has seized the opportunity to layout according to the trend and is still in the market. The rhythm of the market completely aligns with our previous expected rhythm, and the short positions have slightly increased in volume. This operation fully demonstrates that pullbacks are necessary. In terms of Ether, the short positions are also increasing in volume, operating around 2392. As long as we strictly execute according to the rhythm of knowledge, avoid chasing the price or selling with bearish market, and do not enter blindly, the real power lies within the rhythm.
Judging from the current trend, the daily line closed out of a medium and large white candle yesterday, although the rebound was strong, but the high failed to break through the middle track resistance and stood firm at the previous high. At the large level, the overall rebound is still a repair nature, and it has not changed the shock pattern. At present, the price rush to the previous high area has been blocked again, the K-line has gradually turned negative, and there is a short-term callback correction demand. At the four-hour level, the price rebounded from around 98,000 to 106,000, out of a complete V-shaped rebound structure, and the band space was fully released. At present, the price has weakened again after stepping back, and it is necessary to focus on whether the 106500 line can effectively break through, and if it breaks, it is expected to further open the rebound space above to 110,000; If it is blocked again, it means that the market is still in a falling channel, and the short-term rhythm is still dominated by shorting along the trend.
Short Bitcoin at 105000-105500, target looking down around 103000; Short Ether at 2400-2430, short-term target 2300. Overall maintain the strategy framework of "break upwards to go long, under pressure to go short", keep up with the rhythm, control the points, and naturally operate smoothly in real trading. #BTC #ETH